Savaria finished FY2023 with its strongest quarter and year ever
“2023 was a great year for Savaria and has set the stage for 2024 and beyond.
- “2023 was a great year for Savaria and has set the stage for 2024 and beyond.
- Going back to 1992 when Savaria went public, I was the CEO of a company with sales of $50M.
- For the fourth quarter, we delivered our best-ever adjusted EBITDA of $35.1M (16.2% of sales), fueled by a stronger gross margin of 34.3% up from 31.2% year-over-year.
- We added strength to our management team in key areas of the business as part of our Savaria One program.